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Tag Archives: Al Redmer

CMS reverses course, will make risk adjustment payments to insurers

Maryland Insurance Commissioner Al Redmer. (File)

A federal agency has reversed its decision earlier this month to stop collecting and making risk adjustment payments to health insurers, announcing it would reinstate the payments. The Centers for Medicaid and Medicare Services had said they would top making ...

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Maryland regulator evaluating CMS risk adjustment decision

Maryland Insurance Commissioner Al Redmer. (File)

Maryland health insurance stakeholders face some questions after the federal Centers for Medicare and Medicaid Services said over the weekend that it would stop collecting and making risk adjustment payments in light of contradictory federal court decisions. Maryland Insurance Commissioner Al Redmer ...

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Before reinsurance, significant premium increases sought on Md. individual market

Maryland Insurance Commissioner Al Redmer. (File)

Insurers on Maryland’s individual health exchange are proposing to raise their rates by an average of more than 30 percent, as hopes for stabilizing the market increasingly depend on the state’s application for a reinsurance program.  The increasing rates could ...

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Experts say Md.’s new reinsurance initiative a short-term fix

Maryland Insurance Commissioner Al Redmer. (File)

Gov. Larry Hogan approved one reinsurance bill adopted by the legislature and a second reinsurance bill gained final passage Thursday, but these measures likely remain short-term solutions to the state’s individual health insurance market woes. A reinsurance program will likely ...

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Md. consumers without subsidies left behind in ACA debate

Maryland Insurance Commissioner Al Redmer. (File)

Maryland’s uninsured rate under the Affordable Care Act has dropped to 6 percent, but people who make too much money for tax credits have found themselves on the outside. Susan and Jeff Frangione lost well-paying jobs with good benefits during ...

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Md. regulator approves increased health insurance rates for 2018

Maryland Insurance Commissioner Al Redmer. (File)

Maryland Insurance Commissioner Al Redmer Wednesday approved amended rates for the 2018 insurance market that will increase premiums for silver-level plans of the state’s health exchange as a result of the Trump administration’s decision to halt cost-sharing reduction subsidy payments ...

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Md., insurers say amended rate-hike plans would have limited impact

Maryland Insurance Commissioner Al Redmer. (File)

Decisions made by the Maryland’s insurers and regulators could prevent most consumers from being significantly affected by President Donald Trump’s decision to stop paying cost-sharing reduction subsidies to insurance companies. CareFirst and Kaiser Permanente have filed amended rate requests with ...

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Trump’s health care order faces a rocky road in Maryland

Maryland Insurance Commissioner Al Redmer. (File)

President Donald Trump signed an executive order Thursday that he hopes leads to lower health insurance premiums, but Maryland’s top insurance regulator is questioning whether the order would work in this state. The thrust of Trump’s order instructs the Department of ...

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